General News of Sunday, 19 January 2020Source: classfmonline.comuniBank collapse: I won’t honour your invitation – Duffuor to SITFormer Finance Minister Dr Kwabena DuffuorFormer Finance Minister Dr Kwabena Duffuor has said he will not honour the invitation of the Special Investigative Team (SIT) which is probing the collapse of uniBank – which he founded. The former Governor of the Bank of Ghana has also asked the head of the SIT, COP Edward Tabriri, to stop threatening to cause his arrest, detention and hurried arraignment on non-existent and frivolous charges and rather urged him to follow due process so they can slug it out in court. On 1 August 2018, the Bank of Ghana, revoked the licence of the biggest indigenous bank in the country. Two days later, the shareholders of uniBank wrote to the Bank of Ghana, requesting a copy of the KPMG report upon which the decision was taken. Since that suit was initiated, there has been no direct communication among the parties, except representations in court.

Source: GhanaWeb January 19, 2020 14:03 UTC